The Intel Science Talent Search (Intel STS), begun in 1941, is America's oldest and most prestigious pre-college science scholarship competition. Intel Corporation assumed sponsorship of the contest, formerly known as the “Westinghouse Science Talent Search,” from Westinghouse Electric Corporation in 1998. Alumni of the program have made extraordinary contributions to science and hold more than 100 of the world's most coveted science and math honors including six Nobel Prizes, three National Medals of Science, 10 MacArthur Foundation Fellowships and two Fields Medals. Intel and Science News Service announced the top ten winners at the National Academy of Sciences, March 17, 2005, in Washington D.C. Science News Service, a nonprofit organization, has administered the competition since its inception. The first place winner received a $100,000 scholarship, second place $75,000, and third place $50,000. Fourth to sixth place winners receive awards of $25,000 and $20,000 is given to seventh through tenth place finishers. The remaining 30 finalists receive awards of $5,000 each.